Trading Update

17 September 2025

YOUNG & CO.'S BREWERY, P.L.C. ("Young's")

Trading update

Young's, the premium operator of pubs and bedrooms, today provides an update on trading for the 24 weeks ended 15 September, ahead of its Capital Markets Day taking place tomorrow, 18 September.

We are pleased to report that the strong trading momentum announced in our AGM trading update on the 9 July 2025 has continued through the summer, with like-for-like sales up 5.6% and total sales up 5.3% in the period.

This performance reflects healthy demand for our premium, individual and well invested pubs, supported by the ongoing sunny weather as customers continued to enjoy our gardens, riverside locations and outdoor spaces. It also demonstrates the success and impact of several recent investment schemes in our estate ahead of the summer period.

In line with our strategy, we continue to invest in schemes that deliver genuine growth and the ongoing evolution of our premium estate. Investments during the period also included several former City Pub sites such as Daly's Wine Bar, Bow Street Tavern and the Old Firehouse, all completed ahead of the autumn and busy festive periods.

We are encouraged by this sustained positive momentum and will deliver in line with expectations for the half year. We also remain confident in expectations for the rest of the year, despite ongoing external pressures, including recent industrial action on the London underground network.

Simon Dodd, CEO of Young's, commented:

"It is fantastic to be reporting another strong trading period for Young's. This performance is all thanks to our brilliant teams who continue to delight our customers across our well invested pubs, against a backdrop of prolonged warm weather in the UK. We enter the autumn in a strong position and expect to maintain the momentum into the all-important Christmas trading period, giving us confidence in the remainder of the year."

The Capital Markets Day will take place at 14:00 BST on Thursday, 18 September 2025, at the offices of Peel Hunt, 100 Liverpool Street, London, EC2M 2AT.

The event will be hosted by CEO Simon Dodd and CFO Mike Owen and will consist of presentations from a range of speakers from the Executive Committee providing a detailed overview of Young's sector leading strategy.

For further information, please contact:

Young & Co.'s Brewery, P.L.C. 020 8875 7000

Simon Dodd, Chief Executive Officer

Michael Owen, Chief Financial Officer

MHP Group +44 (0)7701 308818

Tim Rowntree/Eleni Menikou/Charles Hirst